With continued support from the government, I am confident that we will do our part to realise the Prime Minister's Digital India destiny, Birla said

In one of the most direct statements on Vodafone Idea’s struggling telecom business, promoter Kumar Mangalam Birla on Tuesday said that the.

Kumar Mangalam Birla has exuded confidence that Vodafone Idea will be able to overcome all the uncertainties. Speaking to ET NOW, he said that the company's revival is around the corner.

"Vodafone-Idea has already announced the next phase of CapEx worth $3.6 billion (roughly Rs. 30,262 crore) with three global partners, Nokia, Ericsson and Samsung. These are all key steps that place VIL on a more secure footing and ensure that the company remains dynamic and competitive," he said.

Fundraise and subsequent capex cycle have placed Vodafone Idea on a more secure footing, ensuring it remains dynamic and competitive, Aditya Birla Group Chairman Kumar Mangalam Birla said on Tuesday exuding confidence about the telco scripting a turnaround.

The recent fundraise has allowed Vodafone Idea to kick-start its capital expenditure efforts, with plans for an investment of $3.6 billion in partnership with global telecom giants Nokia, Ericsson, and Samsung.

The fundraise by Vodafone Idea enabled the telco to kick-start its capex cycle again, and that alongside other key initiatives will place it on a "more secure footing" to ensure that the company remains dynamic and competitive,

Vodafone Idea's fundraise enables the telco to kick-start its capex cycle, placing it on a secure footing. Kumar Mangalam Birla highlights VIL's commitment to India's digital destiny.

Vodafone Idea (Vi) has initiated a capital expenditure cycle of $3.6 billion on equipment from Ericsson, Nokia, and Samsung following a successful Rs 18,000 crore fundraise. Kumar Mangalam Birla highlighted the focus on controlling spam calls and fraud protection,